Quantitative Strategist - Paradex

The role

We are seeking an experienced Quantitative Strategist to join the Quantitative Research team. You will work on building a trading and risk infrastructure for a decentralized clearing and settlement protocol.

Some recent exciting projects include:

• Designing a prototype implementation of the protocol functionalities to simulate a derivatives market with a variety of products and an advanced risk engine
• Building internal trading algorithms to simulate market liquidity and trading activity within the test environment of the protocol

Responsibilities

• Building a prototype library for a sophisticated decentralized derivatives and spot clearing and settlement protocol
• Implementing unit tests and integration tests to validate the implementation and assess the risks under stressed scenarios
• Monitoring market liquidity risk, insolvency risk and other relevant protocol risks
• Designing and implementing a methodology to construct a market options volatility surface for pricing purposes
• Communicating requirements effectively within and across teams

Requirements

• A strong background in mathematics with good knowledge of probability theory, statistics and numerical methods
• Good understanding of financial derivatives and market microstructure
• Proficiency in back-testing, simulation, and statistical techniques
• Strong programming skills with quantitative languages such as Python, C++, Go
• Knowledge of options pricing models
• Strong interest in crypto and DeFi
• Strong attention to detail and accuracy
• Ability to think independently and communicate complex ideas clearly

Nice to have

• Experience working for a DeFi/CeFi exchange
• Experience working in a Hedge Fund
• Exposure to machine learning techniques and experience applying them to financial data

Our Benefits and Perks

• Competitive pay and transparent pay bands
• Flexible work environment
• Unlimited vacation with a minimum required PTO of 10 days annually.
• Celebrate your national holidays, in addition to floating holidays, to honor what matters to you, not HQ.
• Full benefits (benefits vary by country)
• We offer the highest benefits package offered by our Employment of Record partners; insurance carriers and plans vary by country
• Generous technology and learning allowances
• $3500 first-year budget to spend on your computer, peripherals, office essentials...whatever makes you most efficient and comfortable. You'll then receive a $2000 refresh every 2 years.
• $1000 budget to spend on learning and development materials, courses or conferences.

Paradigm is an equal opportunity employer.

Listed in: Crypto Jobs, Research Web3 Jobs, Trading Crypto Jobs, Python Web3 Jobs, Exchange Crypto Jobs, Hedge Fund Crypto Jobs, DeFi Crypto Jobs, Full Time Web3 Jobs, Web3 Web3 Jobs.